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how do I indicate this distribution is from an IRA?

I am being asked where my IRA is distributed from and it doesn't have IRA as a possible response
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2 Replies
dmertz
Level 15

how do I indicate this distribution is from an IRA?

A distribution from a traditional IRA is indicated by the marking of the IRA/SEP/SIMPLE box next to box 7 of the Form 1099-R that reports the distribution.  If the payer did not mark this box, presumably the distribution is not from a traditional IRA.

how do I indicate this distribution is from an IRA?

See if your 1099R has the IRA boxed checked.  And go back to your 1099R entry and see if you checked it on the screen.  If you imported the 1099R it may have imported wrong.  

 

One thing to know is if you go back to edit or view a 1099R entry it resets all the answers to the default and you need to go though ALL the questions again all the way to the very end of the retirement section, keep continuing. They are right unless you go back.

 

 

1099R IRA box.jpg

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